Inovio Pharmaceuticals Inc (INO): Inovio needs a partner to finance the hi...

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Re: johan31 post# 3464

Sunday, 07/14/2013 7:39:07 AM

Sunday, July 14, 2013 7:39:07 AM

Inovio needs a partner to finance the high burn rate or sell treasury shares to raise more monies.

Latest 10-Q Mar 31, "loss from operations" was $6.6 mil

http://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=8918884&type=HTML&symbol=INO&companyName=Inovio+Pharmaceuticals+Inc&formType=10-Q&formDescription=Quarterly+report+with+a+continuing+view+of+a+company%27s+financial+position&dateFiled=2013-05-10

On May 20, 2013, we filed a Certificate of Amendment of our Certificate of Incorporation with the Delaware Secretary of State. The Certificate of Amendment increased the number of shares of common stock we have the authority to issue from 300,000,000 shares to 600,000,000 shares.

Hopefully the results of the "any day now" expected report on the 12 HIV treated persons Phase1 will attract the new partner to make a financial agreement.

http://clinicaltrials.gov/ct2/show/NCT01082692?term=PENNVAX%C2%AE-B+HIV+Vaccine&rank=4